Duped wine investors may need to think again
Over recent years, many wine dealers and investment companies have peddled the idea that wine is the ultimate recession-, inflation-, tax-proof investment asset — worth its weight in gold. When you...
View ArticleCameron seeks to defuse benefits row; hints at 2015 marriage tax break
Attempting to defuse the row over plans to cut child benefit for higher-rate taxpayers, David Cameron has indicated the government will introduce an annual £150 tax break for married couples by 2015....
View ArticlePAYE rebates and demands for payment issued
HM Revenue & Customs has started sending out letters to around 5.7m people affected by the PAYE tax code errors. Earlier this autumn, the Revenue reported that around 4.3m people paid too much tax...
View ArticleCampaign against Vodafone tax settlement ramps up
A petition and Twitter campaign calling on Vodafone to pay a reputed £6bn in unpaid tax were launched last week. The e-petition already has over 1000 signatories and the Twitter campaign was averaging...
View ArticleConsumers prepare for hike in airfares as new flight taxes take effect
Consumers are preparing for a hike in airfares next week as new flight taxes or ‘air passenger duty’ rates come into effect on 1st November for all routes out of the UK. Air passenger duty was...
View ArticleVodafone anti-tax avoidance campaign ‘goes viral’
Anti-tax avoidance campaigners are planning to ramp up their fight against Vodafone another notch this weekend by blockading more stores across the UK. The activists claim that Vodafone evaded around...
View ArticleVodafone tarred by claims of Indian tax evasion
The battle to reign in the excesses of international corporate tax avoidance moved to New Delhi this week as the Indian government demanded Vodafone cough up £344m as a down-payment to settle a...
View ArticleHMRC to offer new advice on moving pensions abroad
Her Majesty’s Revenue and Customs (HMRC) are recommending that UK citizens looking to move their pensions abroad should seek independent advice before doing so, reports The Telegraph. The move comes as...
View ArticleColorado State makes $2m in one month from legalised cannabis
The US state of Colorado has revealed that they have recouped $2m in the first month since the state legislature legalised the sale of cannabis, reports The Telegraph. The state has revealed that...
View ArticleTax law: Conservatives pledge new law preventing income tax, VAT or NI...
The Prime Minister, David Cameron, has pledged to introduce a legislation-backed ‘tax lock’ on income tax, VAT and National Insurance within the first 100 days of a Conservative administration, The...
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